Skip to main content

World Card Summit: 'Significant opportunities and challenges,' says G&D

Speaking on cloud-based security and mobility at this year’s World Card Summit Axel Deininger, Giesecke & Devrient’s President and Head of Secure Devices Division, said that the already large number of ‘Card not Present’ transactions offer security solution providers significant opportunities and challenges. But, he added, solutions for data encryption can in many cases be derived from existing portfolios – the key is providing both access and secure end-to-end solutions.
November 20, 2013 Read time: 2 mins
Speaking on cloud-based security and mobility at this year’s World Card Summit Axel Deininger, Giesecke & Devrient’s President and Head of Secure Devices Division, said that the already large number of ‘Card not Present’ transactions offer security solution providers significant opportunities and challenges. But, he added, solutions for data encryption can in many cases be derived from existing portfolios – the key is providing both access and secure end-to-end solutions.

The enterprise security market is growing massively, noted Gemalto’s CEO Olivier Piou. Mobile phones and tablets are the principle drivers however the cloud creates particular challenges because of the proliferation of solutions. Multi-factor ID has progressed but needs to progress further, said Stephan Hofschen, CEO of Infineon Technologies’s Chip Card Division; some form of standardised access is needed and Piou noted that One-Time Password technology is relatively easy to deploy.

Steve Owen, SVP of Identification Sales at NXP Semiconductors, observed that on the consumer side organisations such as Google are pushing more security-related features. “But,” he added, “in the same way that many people only buy a burglar alarm once they’ve been burgled, we need to make people realise the security threat before something happens.”

Related Content

  • Gripping new surface tester from Findlay Irvine
    March 25, 2014
    Scottish firm Findlay Irvine has developed a sophisticated new microgrip testing system. This is a walk-behind surface friction measurement unit that shares many operating capabilities with the firm’s proven towed unit. Business development manager Campbell Waddell explained: “It works on the same principle as the towed machine. We developed it as we kept getting asked to use the trailer based unit for jobs it wasn’t suited to, like pedestrian areas and cycleways.”
  • Jenoptik cameras reduce collisions
    March 19, 2022
    An analysis has shown that Jenoptik’s average speed cameras can reduce fatal and serious collisions by 50%. Ben Spencer learns that this technology also requires an understanding of the local environment
  • Abertis offers breath of fresh air
    December 20, 2022
    The idea of congestion charging zones in cities is well-established. But in Valencia, Spain, the authorities are considering something slightly different – and it has clear implications for the road user charging debate. Adam Hill talks to Christian Barrientos of Abertis Mobility Services
  • Can AV mapping rely on crowds?
    June 29, 2021
    Mapping tech companies need to expand their data inputs beyond crowdsourcing in order to maintain temporally accurate maps at scale, says Ro Gupta at Carmera